Statute · New York Local Finance Law
N.Y. Local Fin. Law § 138.00 — Debt statement to show net indebtedness
N.Y. Local Fin. Law § 138.00
- Type
- Statute
- Source
- New York Local Finance Law
- Jurisdiction
- New York
- Current through
- Nov 4, 2026 (NY Senate Open Legislation)
§ 138.00. Debt statement to show net indebtedness. The debt statement of a municipality, school district in a city or fire district shall include a statement of the total net indebtedness of such municipality, school district or fire district. Such total net indebtedness shall be computed by…
Citator
N.Y. Local Fin. Law § 138.00 — Debt statement to show net indebtedness is in force in the current edition of the Code, and nothing recorded condemns it.
§ 138.00. Debt statement to show net indebtedness. The debt statement of a municipality, school district in a city or fire district shall include a statement of the total net indebtedness of such municipality, school district or fire district. Such total net indebtedness shall be computed by subtracting from gross indebtedness the total of the items which may be deducted therefrom pursuant to section 136.00 of this chapter.